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Side-by-side financial comparison of Clean Energy Technologies, Inc. (CETY) and New Fortress Energy Inc. (NFE). Click either name above to swap in a different company.

New Fortress Energy Inc. is the larger business by last-quarter revenue ($326.2M vs $773.6K, roughly 421.7× Clean Energy Technologies, Inc.). New Fortress Energy Inc. runs the higher net margin — -259.7% vs -271.8%, a 12.1% gap on every dollar of revenue. On growth, Clean Energy Technologies, Inc. posted the faster year-over-year revenue change (228.9% vs -7.0%). Over the past eight quarters, Clean Energy Technologies, Inc.'s revenue compounded faster (-26.1% CAGR vs -26.8%).

Bloom Energy is an American public company that designs and manufactures solid oxide fuel cells (SOFCs) which independently produce electricity onsite for power generation in data centers, manufacturing, and other commercial sectors. Founded in 2001 and headquartered in San Jose, California; its fuel cell technology generates electricity through a chemical conversion process, which differs from most other power sources reliant on combustion, and can use natural gas, biogas or hydrogen as fuel...

New Fortress Energy Inc. is a global energy infrastructure firm developing, owning and operating LNG import/export terminals, natural gas supply networks and low-carbon projects. It serves utility, industrial and public sector clients across the Americas and Caribbean, delivering affordable, lower-emission energy resources.

CETY vs NFE — Head-to-Head

Bigger by revenue
NFE
NFE
421.7× larger
NFE
$326.2M
$773.6K
CETY
Growing faster (revenue YoY)
CETY
CETY
+235.9% gap
CETY
228.9%
-7.0%
NFE
Higher net margin
NFE
NFE
12.1% more per $
NFE
-259.7%
-271.8%
CETY
Faster 2-yr revenue CAGR
CETY
CETY
Annualised
CETY
-26.1%
-26.8%
NFE

Income Statement — Q3 2025 vs Q4 2025

Metric
CETY
CETY
NFE
NFE
Revenue
$773.6K
$326.2M
Net Profit
$-2.1M
$-847.1M
Gross Margin
23.7%
35.5%
Operating Margin
-172.6%
-193.0%
Net Margin
-271.8%
-259.7%
Revenue YoY
228.9%
-7.0%
Net Profit YoY
-61.8%
-277.4%
EPS (diluted)
$-0.47
$-3.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CETY
CETY
NFE
NFE
Q4 25
$326.2M
Q3 25
$773.6K
$240.3M
Q2 25
$236.3K
$228.1M
Q1 25
$791.9K
$384.9M
Q4 24
$480.3K
$350.7M
Q3 24
$235.2K
$446.0M
Q2 24
$196.1K
$291.2M
Q1 24
$1.5M
$609.5M
Net Profit
CETY
CETY
NFE
NFE
Q4 25
$-847.1M
Q3 25
$-2.1M
$-263.0M
Q2 25
$-1.1M
$-546.5M
Q1 25
$-331.2K
$-175.4M
Q4 24
$-865.6K
$-224.4M
Q3 24
$-1.3M
$9.3M
Q2 24
$-831.9K
$-88.9M
Q1 24
$-1.4M
$54.1M
Gross Margin
CETY
CETY
NFE
NFE
Q4 25
35.5%
Q3 25
23.7%
18.1%
Q2 25
94.7%
8.4%
Q1 25
92.0%
21.4%
Q4 24
42.7%
17.6%
Q3 24
90.4%
27.1%
Q2 24
89.8%
23.8%
Q1 24
16.7%
62.4%
Operating Margin
CETY
CETY
NFE
NFE
Q4 25
-193.0%
Q3 25
-172.6%
-37.4%
Q2 25
-311.0%
-170.3%
Q1 25
-12.1%
-3.3%
Q4 24
-116.3%
65.0%
Q3 24
-322.9%
17.8%
Q2 24
-496.6%
12.3%
Q1 24
-54.3%
30.4%
Net Margin
CETY
CETY
NFE
NFE
Q4 25
-259.7%
Q3 25
-271.8%
-109.4%
Q2 25
-460.8%
-239.6%
Q1 25
-41.8%
-45.6%
Q4 24
-180.2%
-64.0%
Q3 24
-552.5%
2.1%
Q2 24
-424.2%
-30.5%
Q1 24
-93.8%
8.9%
EPS (diluted)
CETY
CETY
NFE
NFE
Q4 25
$-3.03
Q3 25
$-0.47
$-0.96
Q2 25
$-0.02
$-1.99
Q1 25
$-0.01
$-0.65
Q4 24
$0.40
$-1.10
Q3 24
$-0.44
$0.03
Q2 24
$-0.02
$-0.42
Q1 24
$-0.04
$0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CETY
CETY
NFE
NFE
Cash + ST InvestmentsLiquidity on hand
$234.9K
$226.5M
Total DebtLower is stronger
$8.2B
Stockholders' EquityBook value
$7.1M
$182.6M
Total Assets
$14.8M
$10.6B
Debt / EquityLower = less leverage
44.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CETY
CETY
NFE
NFE
Q4 25
$226.5M
Q3 25
$234.9K
$145.2M
Q2 25
$233.4K
$551.1M
Q1 25
$447.9M
Q4 24
$62.1K
$492.9M
Q3 24
$90.8M
Q2 24
$133.0M
Q1 24
$143.5M
Total Debt
CETY
CETY
NFE
NFE
Q4 25
$8.2B
Q3 25
Q2 25
Q1 25
Q4 24
$8.9B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CETY
CETY
NFE
NFE
Q4 25
$182.6M
Q3 25
$7.1M
$1.1B
Q2 25
$7.8M
$1.3B
Q1 25
$3.0M
$1.8B
Q4 24
$2.9M
$1.9B
Q3 24
$3.6M
$1.6B
Q2 24
$4.6M
$1.6B
Q1 24
$4.4M
$1.7B
Total Assets
CETY
CETY
NFE
NFE
Q4 25
$10.6B
Q3 25
$14.8M
$12.0B
Q2 25
$14.8M
$12.0B
Q1 25
$10.1M
$13.1B
Q4 24
$9.5M
$12.9B
Q3 24
$9.4M
$12.0B
Q2 24
$9.3M
$11.4B
Q1 24
$9.0M
$10.9B
Debt / Equity
CETY
CETY
NFE
NFE
Q4 25
44.78×
Q3 25
Q2 25
Q1 25
Q4 24
4.74×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CETY
CETY
NFE
NFE
Operating Cash FlowLast quarter
$-4.7M
$-76.2M
Free Cash FlowOCF − Capex
$-134.8M
FCF MarginFCF / Revenue
-41.3%
Capex IntensityCapex / Revenue
18.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CETY
CETY
NFE
NFE
Q4 25
$-76.2M
Q3 25
$-4.7M
$-171.0M
Q2 25
$-780.9K
$-329.0M
Q1 25
$-776.0K
$-7.2M
Q4 24
$-772.3K
$445.3M
Q3 24
$-1.2M
$-20.0M
Q2 24
$-740.4K
$113.9M
Q1 24
$-871.6K
$63.0M
Free Cash Flow
CETY
CETY
NFE
NFE
Q4 25
$-134.8M
Q3 25
$-231.6M
Q2 25
$-726.7M
Q1 25
$-262.3M
Q4 24
$-210.3M
Q3 24
$-367.0M
Q2 24
$-493.2M
Q1 24
$-457.9M
FCF Margin
CETY
CETY
NFE
NFE
Q4 25
-41.3%
Q3 25
-96.4%
Q2 25
-318.6%
Q1 25
-68.2%
Q4 24
-60.0%
Q3 24
-82.3%
Q2 24
-169.3%
Q1 24
-75.1%
Capex Intensity
CETY
CETY
NFE
NFE
Q4 25
18.0%
Q3 25
25.2%
Q2 25
174.4%
Q1 25
66.3%
Q4 24
187.0%
Q3 24
77.8%
Q2 24
208.4%
Q1 24
85.5%
Cash Conversion
CETY
CETY
NFE
NFE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-2.15×
Q2 24
Q1 24
1.16×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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